Arizona Public Service Selects Sunverge for Residential Energy Storage Program

PRESS RELEASE PR Newswire

Oct. 1, 2018, 09:00 AM

SAN FRANCISCO, Oct. 1, 2018 /PRNewswire/ -- Following a competitive bid process, Arizona Public Service Company has selected Sunverge's intelligent energy storage system and distributed energy resources operations platform for its new residential energy storage program. The new program, Storage Rewards, provides eligible customers a behind-the-meter storage battery to help them shift power load to off-peak periods and reduce their demand, while providing grid services to APS. The Sunverge integrated platform will help customers get the most out of APS service plans that include peak-usage and demand charges. Residential customers will also receive a one-time participation award of $500 once they have been accepted to the program and the battery is activated. The Sunverge platform automatically manages power flows behind the meter to optimize the use of grid power, battery storage, solar self-generation, and smart appliances in the home to reduce customer energy bills and improve efficiency.

"Our customers today want more than just reliable power; they want cutting edge technology and they want to know how to manage their energy use to best fit their lifestyle," said Marc Romito, APS Director of Customer Technology.

"We have had the privilege of working with APS on other Distributed Energy Storage programs and are excited to continue our partnership with this new program," said Sunverge CEO Martin Milani. "APS is one of the leaders in renewable energy and is leveraging new technologies to build the grid of the future."

About Sunverge Energy

Sunverge Energy provides the leading open, dynamic platform for Virtual Power Plants (VPP) with near real-time control, orchestration and aggregation of behind-the-meter distributed energy resources (DERs). The Sunverge platform provides co-optimization of services on both sides of the meter, helping customers have access to backup power, reduce their energy bill and maximize the use of their renewable energy while helping utilities to efficiently and proactively manage DERs on the distribution grid, lower operational costs, increase feeder resiliency and meet their renewable energy and carbon reduction goals. The Sunverge platform provides near real-time autonomic and intelligent control of Distributed Energy Resources that is efficient, reliable and responsive to utilities and their customers. Visit sunverge.com.